Indian Government releases 160 Thousand Tons of seized pulses - One World News

Indian Government releases 160 Thousand Tons of seized pulses

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In the wake of acute shortage of pulses in the country last year, the Indian government imposed ceilings on stocking limits of the commodity by traders.
This was followed up by more than 14 thousand raids across the nation, which yielded rich dividends by way of stockpiles of pulses.

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Source

Of the seized pulses, the Government has released 160 thousand tons in the market, bringing some modicum of stability in the prices, giving succor to the common man.

This was stated by India’s minster for Food and Consumer Affairs Ram Vilas Paswan in the parliament.

The shortage which took place was partially due to failed crops due to the el nino effect, and exacerbated by stockpiling by traders due to this.

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